Founded on March 31, 2008, Qinhuangdao Port Co., Ltd., as a subsidiary controlled by Hebei Port Group, is the world’s largest independent port operator for major dry bulk cargo and is one of the most important ore port operators in the Bohai Rim of China. Listed on the Main Board of the Stock Exchange of Hong Kong Limited on December 12, 2013, it became the first port operator whose main business sector is dry bulk cargo listed in Hong Kong. The company is able to provide high-quality and highly efficient integrated port services, including stevedoring, stacking, warehousing, transportation and logistics, and handle various types of cargo including coal, metal ores, oil and liquefied chemicals, containers and general cargo.It operates Qinhuangdao Port, terminals in Caofeidian Port through an associate company and terminals in Huanghua Port, all of which are located in the Bohai Rim, with a total of 62 berths. Among them, Qinhuangdao Port has over 100 years of operating history, while Caofeidian Port and Huanghua Port are newly developed ports in Bohai Rim, which are undergoing significant development and experiencing rapid growth, expanding the Group’s hinterland coverage and are expected to become the main driver of the Group’s business development. In 2013, the company’s throughput hit a new high of 365 million tons.
Qinhuangdao Port has two port districts——the East Port and the West Port. The former is mainly engaged in energy resource transportation and the latter in containers and bulk cargo handling. With 48 berths in total, it is able to berth ships within a tonnage of 150,000 and mainly handles coal, oil, containers and general cargo. The port is also endowed with advantageous natural and geographical attributes. It is a natural deepwater port, ice-free and silt-free, with water area of 226.9 square kilometers, land area of 11.3 square kilometers and quay length of 12.2 kilometers. Connected with highways, railways, pipelines and airlines, Qinhuangdao Port has formed a reasonable port transportation network.
Caofeidian Port is connected to the Daqin Line through the Qiancao Line. Tangshan Port (comprised of Jingtang Port and Caofeidian Port) is the second largest port-of-call for coal transported through the Daqin Line following Qinhuangdao Port. Qinhuangdao Port Company is a relative shareholder of Caofeidian Ore Terminal Phase I and II projects, including four 250,000-tonnage ore berths and two 50,000-tonnage bulk-cargo berths, with annual designed throughput capacity of 65.6 million tons. The hinterland of Caofeidian Port is home to many leading steel producers in China. As such, Caofeidian Port is well positioned to benefit from the robust local demand for imported iron ore. It’s a relative shareholder of Caofeidian Coal Terminal Phase I and a control shareholder of Caofeidian Coal Terminal Phase II projects, including three berths with annual designed throughput capacity of 50 million tons each, consolidating the strategic position occupied by Caofeidian Port in the transportation of coal for domestic trade in China.
Huanghua Port is strategically located in close proximity to the economic hinterland comprising of central and south Hebei Province and northwest Shandong Province and is the preferred port-of-call for seaborne trade in the regions. It is also one of the most convenient and cost efficient sea access points in central and south Hebei Province and is expected to be developed into a major port-of-call for iron ores imported by steel producers in these regions, including Cangzhou, Xingtai and Handan in Hebei Province, among other places, and to become a major ore port in the Bohai Rim. The company is a control shareholder of the Huanghua Comprehensive Port Phase I project, including two break-cargo berths, two bulk-cargo berths and four multipurpose berths, with annual designed throughput capacity of 30 million tons. The Group plans to develop Huanghua Port into one of the largest integrated ports in the Bohai Rim.